Module 5: Quantitative Analysis for Competition Policy (targeted to working economists and postgraduate students specialising in Competition and Regulation) (12 a.h.1) Outline of Course ContentsProf. Frank VERBOVEN A. General framework for measuring market powerMarket power and conduct with homogeneous products Traditional SCP paradigm Measuring market power when conduct is known Identification of conduct Applications Market power with differentiated products Representative consumer models, including multi-stage budgeting and distance-metric approach Discrete choice models, including logit, nested logit and random coefficients Applications B. Applications and casesRelevant market definition The SSNIP-test Traditional approaches, including price correlation analysis and Elzinga-Hogarty test Critical loss analysis SSNIP-test with differentiated products Applications Merger analysis Price-concentration studies Simulation analysis Applications Cartels & damages, and other agreements Measuring price overcharge Measuring pass-on and output effect Vertical agreements Applications Module 1 Module 2 Module 3 Module 4 Module 5 Module 6 Module 7 Module 81a.h. = academic hour (50 minutes).
Outline of Course ContentsProf. Frank VERBOVEN
A. General framework for measuring market power
B. Applications and cases
Module 1
Module 2
Module 3
Module 4
Module 5
Module 6
Module 7
Module 8
1a.h. = academic hour (50 minutes).